Canara Robeco Asset Management Company Ltd
₹ 246
2.14%
14 May
3:57 p.m.
About
Incorporated in 1993, Canara Robeco Asset Management Company Ltd is primarily engaged in managing mutual funds and providing investment advisory services.[1]
Key Points
- Market Cap ₹ 4,897 Cr.
- Current Price ₹ 246
- High / Low ₹ 354 / 214
- Stock P/E 24.0
- Book Value ₹ 37.4
- Dividend Yield 0.61 %
- ROCE 40.1 %
- ROE 30.3 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 41.2% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 34.3%
Cons
- Working capital days have increased from 204 days to 614 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Loading peers table ...
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 96 | 120 | 164 | 205 | 318 | 404 | 454 | |
| 73 | 70 | 77 | 92 | 117 | 140 | 171 | |
| Operating Profit | 23 | 50 | 88 | 113 | 201 | 264 | 283 |
| OPM % | 24% | 42% | 53% | 55% | 63% | 65% | 62% |
| 10 | -0 | 0 | 0 | 1 | 0 | 1 | |
| Interest | -0 | -0 | 2 | 2 | 2 | 2 | 2 |
| Depreciation | 1 | 1 | 4 | 4 | 5 | 5 | 7 |
| Profit before tax | 32 | 49 | 81 | 107 | 195 | 258 | 275 |
| Tax % | 27% | 26% | 26% | 26% | 23% | 26% | 26% |
| 23 | 36 | 60 | 79 | 151 | 191 | 204 | |
| EPS in Rs | 4.66 | 7.28 | 12.07 | 15.85 | 30.29 | 9.56 | 10.22 |
| Dividend Payout % | 21% | 27% | 33% | 32% | 25% | 26% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 30% |
| 3 Years: | 30% |
| TTM: | 12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 41% |
| 3 Years: | 37% |
| TTM: | 7% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 32% |
| 3 Years: | 34% |
| Last Year: | 30% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 50 | 50 | 50 | 50 | 50 | 199 | 199 |
| Reserves | 145 | 176 | 222 | 279 | 405 | 401 | 546 |
| -0 | -0 | 19 | 17 | 17 | 16 | 18 | |
| 23 | 22 | 24 | 32 | 46 | 58 | 55 | |
| Total Liabilities | 217 | 248 | 316 | 378 | 517 | 674 | 819 |
| 3 | 2 | 20 | 18 | 17 | 16 | 23 | |
| CWIP | -0 | 0 | 0 | -0 | 0 | 2 | -0 |
| Investments | 190 | 223 | 272 | 330 | 457 | 604 | 735 |
| 25 | 23 | 24 | 30 | 43 | 51 | 60 | |
| Total Assets | 217 | 248 | 316 | 378 | 517 | 674 | 819 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 21 | 30 | 53 | 68 | 107 | 157 | 172 | |
| -13 | -26 | -33 | -46 | -81 | -113 | -108 | |
| -7 | -5 | -20 | -22 | -26 | -46 | -62 | |
| Net Cash Flow | 1 | -1 | 0 | -1 | 0 | -2 | 2 |
| Free Cash Flow | 20 | 29 | 52 | 66 | 106 | 153 | 166 |
| CFO/OP | 124% | 84% | 83% | 84% | 75% | 84% | 86% |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 43 | 46 | 38 | 42 | 40 | 38 | 36 |
| Inventory Days | |||||||
| Days Payable | |||||||
| Cash Conversion Cycle | 43 | 46 | 38 | 42 | 40 | 38 | 36 |
| Working Capital Days | -11 | -13 | -5 | -4 | -2 | -1 | 614 |
| ROCE % | 23% | 32% | 34% | 48% | 48% | 40% |
Insights
In beta| Mar 2019 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Quarterly Average AUM (QAAUM) INR Billion |
|
|||||
| B-30 MAAUM INR Billion |
||||||
| Debt AUM (Closing) INR Billion |
||||||
| Equity AUM (Closing) INR Billion |
||||||
| Number of Branches Count |
||||||
| Number of Distributors Count |
||||||
| Outstanding SIP accounts Million |
||||||
| SIP Month End AUM INR Billion |
||||||
| Total Closing AUM INR Billion |
||||||
| Total Folios Million |
||||||
Requires Premium
Requires Premium
Extracted by Screener AI
Documents
Announcements
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
2h - Submitted FY26 annual secretarial compliance report; noted delayed designated-person depository update.
- Transcript Of Earnings Call - Q4 & FY2026 - Audited Financial Results 4 May
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
29 Apr - Please find attached the Newspaper Advertisement related to Financial Results for the quarter and year ended March 31, 2026 in Financial Express (English) and Navshakti …
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
28 Apr - Audio recording of Q4 and FY2026 earnings call uploaded on April 28, 2026.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
28 Apr - Canara Robeco announced FY26 audited results; PAT rose 7% to ₹2,038 Mn, AUM reached ₹1,066 billion.
Concalls
-
May 2026Transcript PPT REC
-
Jan 2026Transcript PPT REC
-
Jan 2026TranscriptAI SummaryPPT
-
Nov 2025Transcript PPT REC
-
Oct 2025TranscriptAI SummaryPPT
Company Overview[1]
Company is the second oldest AMC in India, after SBI Mutual Fund. Incorporated in 1993 as Canbank Investment Management Services Ltd., it later became a joint venture in 2007, with Canara Bank[2] holding 51% and Robeco (via ORIX Corporation Europe N.V.) holding 49%.[3]